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re: Engagement ring shopping/valuation

Posted on 4/27/16 at 9:07 am to
Posted by Jon Ham
Member since Jun 2011
28664 posts
Posted on 4/27/16 at 9:07 am to
Thank you!

I'm not inclined to get insurance. The way I look at it is that I wouldn't buy collision coverage for my car if my car was worth only $1,500, so why would I do it for a ring? Am I missing something?
This post was edited on 4/27/16 at 9:12 am
Posted by Shunface
Lafayette County Detention Center
Member since Jan 2013
4597 posts
Posted on 4/27/16 at 11:10 am to
You wouldn't be paying very much and as someone mentioned earlier, if you own a home you may already be covered for the ring.

Obviously it's entirely up to you. Just ask if she loses the ring can you replace it at full cost?

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